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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #28,761
  • May 3, 2012 8:50am May 3, 2012 8:50am
Quoting rekon67
You have no idea mate, just look at the below orders for eur sale ... volume spike down anytime....

trader sold eur at 1.3160
1. piptrapper 10 k
2. billyt 100 k
3. knoholygrail 50 k
4. gofer 45 k
5. tom 5 k
6. shhhhhhh 10 k
7. luis 5 k
8. hunter...
Yep, it's going down but I just believe it'll hit 1.3200 first, just my view. What's a market without multiple views though right?
  • #28,762
  • May 3, 2012 8:52am May 3, 2012 8:52am
hi rekon67, i noticed that you put me at 100k??? what does it mean, i am curious
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,763
  • May 3, 2012 8:54am May 3, 2012 8:54am
am believe this thread full of lovely members

so for any new members that like learn trading

may post ur chart here and show us where is ur entry,exit,stop and risk

and we can guide u for proper one

in the end,each of us here still learning,

together we aim the best,dont give up and study ur mistakes is the key

i know talk is easy as myself as an one failure example

If there was easy money lying around,no one would be forcing it into your
  • #28,764
  • May 3, 2012 8:58am May 3, 2012 8:58am
you brought me to tears lol. i was saying if e/u levels off then it goes up to 13170 then the new low i would trade on is 13146 approx, but like i say things may happen for me to change mind lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #28,765
  • May 3, 2012 9:03am May 3, 2012 9:03am
Quoting billytt
you brought me to tears lol. i was saying if e/u levels off then it goes up to 13170 then the new low i would trade on is 13146 approx, but like i say things may happen for me to change mind lol
awwwwww sir Billyt,

this is funny tears..or touch tears...lol
If there was easy money lying around,no one would be forcing it into your
  • #28,766
  • May 3, 2012 9:19am May 3, 2012 9:19am
We're back at today's opening level again... so a doji on the daily. However the day is not over yet. Let's see what New York does when they come back from their $1,500 lunch (Oops budget cuts... Make that $150 lunch)

Now that we're hovering around the 50% fibo level (approx 1.3139), I guess I should note that a close below there today would be quite a bearish signal... provided that we don't get a nasty surprise with tomorrow's NFP number.

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Those who say it cannot be done should not interrupt those who are doing it
  • #28,767
  • May 3, 2012 9:36am May 3, 2012 9:36am
friday target touch the leg.
  • #28,768
  • May 3, 2012 9:41am May 3, 2012 9:41am
Quoting rekon67
friday target touch the leg.
I've been touching my leg all day. Does that mean I am ahead of schedule?
Those who say it cannot be done should not interrupt those who are doing it
  • #28,769
  • May 3, 2012 9:46am May 3, 2012 9:46am
Quoting PipTrapper
I've been touching my leg all day. Does that mean I am ahead of schedule?
want to express this with picture ... but slow internet only 4 kbps download, 1 kbps upload speed so can't upload the picture. later.
  • #28,770
  • May 3, 2012 9:47am May 3, 2012 9:47am
Quoting PipTrapper
I've been touching my leg all day. Does that mean I am ahead of schedule?
I've been touching something else in boredom...where does that put me?
  • #28,771
  • May 3, 2012 9:52am May 3, 2012 9:52am
Quoting bman204
I've been touching something else in boredom...where does that put me?
coming quickly?
Those who say it cannot be done should not interrupt those who are doing it
  • #28,772
  • May 3, 2012 9:53am May 3, 2012 9:53am
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Those who say it cannot be done should not interrupt those who are doing it
  • #28,773
  • May 3, 2012 10:13am May 3, 2012 10:13am
For those of you not aware of all the political headwinds this weekend, here they are in order of importance.

1. German Regional elections
2. French National elections
3. Greek National elections

These items all weigh on the Euro. So keep in mind that if Merkel's coalition is still intact and Sarkozy is still president come Monday, there may be some short covering action on this pair regardless of what happens with NFP tomorrow.

Greece just doesn't really matter. Mind you, if the Greek people elect a government that wants to leave the Euro Zone, and they actually do it, then pretty much most of Europe (Yes including Germany) will be downgraded to "Negative Watch" by Fitch. However, that's not going to have a significant impact unless/until it actually happens.
Those who say it cannot be done should not interrupt those who are doing it
  • #28,774
  • May 3, 2012 10:22am May 3, 2012 10:22am
Hi guys I remind this 3 views only. As everybody knows we need to get back to (1.318-1.3203) to get short. I am sure, that will happen.
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Stocktwit: LuisCarlos - twitter: @lcparodi
  • #28,775
  • May 3, 2012 11:07am May 3, 2012 11:07am
This is a close view. To me we need to retrace at least 50% fib from 1.328 to 1.31, break 1.30 until 1.295 tomorrow, to avoid this upside view.
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Stocktwit: LuisCarlos - twitter: @lcparodi
  • #28,776
  • May 3, 2012 12:12pm May 3, 2012 12:12pm
Quoting Luis Carlos
This is a close view. To me we need to retrace at least 50% fib from 1.328 to 1.31, break 1.30 until 1.295 tomorrow, to avoid this upside view.
Tomorrow we find out.
In the morning we have EuroZone Retail Sales report and Final Services PMI data. So maybe we get a little excitement before NFP but I am sure it will be limited as most traders and investors will wait till NFP.
Those who say it cannot be done should not interrupt those who are doing it
  • #28,777
  • May 3, 2012 9:25pm May 3, 2012 9:25pm
EU is just ranging now. VERY low volume, lower than usual (see May 2nd volume and compare). I guess its the calm before the storm.

I just hope to get home before 8:30.. And hope Chinese internet will be stable, but that is just wishful thinking
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  • #28,778
  • May 3, 2012 10:46pm May 3, 2012 10:46pm
Today we have the retail sails from the Eurozone and NFP later, so next move it's hard to find, or even found, can always be written off by fundamentals. But, we have that long-legged, small body candle on the daily chart. That candle can mean two things...either we respect the 1.3120 level as support and we form a right shoulder on the smaller timeframe and we move back up, or, we continue down towards 1.3050 with a sell-off. Personally, I prefer the latter one, as a sympathy to the other daily candles on Dax, Gold, Oil, SP, Dow, etc.

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charting the euro...
  • #28,779
  • May 3, 2012 11:38pm May 3, 2012 11:38pm
USDX Outlook
4H formed Doji and We've break the Ascending TL,Not a good sign for bull,lets see the breaking up TL hold or not,if hold then Mr.Dollar might jump higher
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If there was easy money lying around,no one would be forcing it into your
  • #28,780
  • May 3, 2012 11:56pm May 3, 2012 11:56pm
Quoting FXMindset
USDX Outlook
4H formed Doji and We've break the Ascending TL,Not a good sign for bull,lets see the breaking up TL hold or not,if hold then Mr.Dollar might jump higher
I think you mean "Not a good sign for Euro Bull"

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Those who say it cannot be done should not interrupt those who are doing it
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